Apparels

Macy’s welcomes retail veteran Robert Chavez to board of directors

Macy’s, Inc has appointed Robert Chavez, former CEO of Hermès Americas, to its board of directors, effective April 1, 2025.
With over 45 years in luxury retail, Chavez brings extensive leadership experience.
Sara Levinson will retire per the board’s age policy.
Macy’s aims to leverage Chavez’s expertise to drive growth across its Macy’s, Bloomingdale’s, and Bluemercury brands.

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Turkiye’s apparel imports from Africa down, but exports rise in 2024

In the first ten months of 2024, Turkiye’s apparel imports from Africa increased by 15.82 per cent to $366.611 million, while its exports to the continent fell by 26.82 per cent to $401.259 million.
Despite these fluctuations, Africa remains a minor player in Turkiye’s overall apparel trade, contributing only 12.24 per cent to imports and 2.84 per cent to exports.

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Union Minister Pralhad Joshi asks BIS to weigh mandatory hallmarking of silver jewellery

Consumers are urging that the Bureau of Indian Standards (BIS) make hallmarking for silver jewellery mandatory, stated Minister Pralhad Joshi on the 78th BIS foundation day. Currently, hallmarking is only compulsory for gold jewellery. Since mandatory hallmarking began in June 2021, over 442.8 million gold items have been marked officially.

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Titan estimates 24% rise in Q3 revenue on booming jewellery demand

Titan Company anticipates a 24 per cent increase in third-quarter revenue driven by festive demand for jewellery in India. The jewellery segment saw high single-digit percentage buyer growth, with Tanishq and CaratLane brands contributing to the 26 per cent year-on-year increase. Additionally, Titan’s watches and wearables segment registered a 15 per cent revenue growth.

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Italian footwear exports down 9.2% YoY in Jan-Sept 2024

Italy’s footwear sector saw a drop in main indicators in the first nine months of 2024.
Exports fell by 9.2 per cent YoY in value, with a sharp order reduction.
The Istat index of industrial production fell by 8.9 per cent YoY and turnover dropped by 9.7 per cent YoY.
Exports to the EU fell by 2.6 per cent YoY, while exports to France dropped by 2 per cent YoY and to Germany by 6.2 per cent YoY.

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US’ Jordan brand unveils Zion 4 built for strength & speed

The Jordan Zion 4 combines strength and speed with a Cushlon 3.0 midsole and Air Zoom strobel for responsive cushioning and plush landings.
Its computational outsole enhances durability and traction, while new styles, like Damascus Steel, honour Zion Williamson’s journey.
Built for dynamic play, it offers improved fit and performance for a range of athletes.

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